Santander Brasil plans bid for Citigroup's Brazil unit
July 27, 2016 at 09:52 AM EDT
SAO PAULO, July 27 (Reuters) - Banco Santander Brasil SA will probably bid for Citigroup Inc's local subsidiary, as the country's largest foreign-owned lender seeks to expand into banking for wealthy clients, Chief Executive Officer Sérgio Rial said on Wednesday.
